https://www.taxtmi.com/caselaws?id=467441 Assessee established identity, creditworthiness and genuineness of unsecured loans by lender confirmations, PAN details, bank statements, tax returns, audited accounts, sale deeds and repayment records; funds were traced through banking channels and, for several lenders, to identifiable originating transactions. Applying the burden on the assessee to explain cash credits, the material satisfied the required elements and therefore the additions under section 68 were deleted. Consequently the special tax treatment under section 115BBE was held inapplicable once the cash credits were explained; the appeal was allowed for the assessee. en-us Wed, 14 Jan 2026 00:00:00 +0530 Tue, 17 Mar 2026 15:45:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467441 Assessee established identity, creditworthiness and genuineness of unsecured loans by lender confirmations, PAN details, bank statements, tax returns, audited accounts, sale deeds and repayment records; funds were traced through banking channels and, for several lenders, to identifiable originating transactions. Applying the burden on the assessee to explain cash credits, the material satisfied the required elements and therefore the additions under section 68 were deleted. Consequently the special tax treatment under section 115BBE was held inapplicable once the cash credits were explained; the appeal was allowed for the assessee. Case-Laws Income Tax Wed, 14 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467441